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tension between israel and egypt's new islamist government has increased since the attacks with egypt recalling its ambassador to israel in protest. richard haass, also an emergency meeting of the u.n. security council last night. sift through this for us. how big is this? how significant is this in the middle east right now? >> well, it's big for lots of reasons, because it's not happening in isolation. one is you have the largest military clashes between israel and hamas in, what, four year now, and it's not going to stop. at times it doesn't matter in the middle east exactly why things begin. over the last few months there have been hundreds of rocket attacks, now this, then retaliation. it just happens. second of all, it's happening in the absence of anything political. there's no dialogue going on whatsoever between israelis and palestinians. this can't substitute for this. thirdly, egyptians withdrew their ambassador. since 1967 and really since not long after that when sadat, the relationship has been peaceful. it's been codified by treaty. it is the basis of peace in the middl
tension between israel and egypt's new islamist government has increased since the attacks with egypt recalling its ambassador to israel in protest. richard haass, also an emergency meeting of the u.n. security council last night. sift through this for us. how big is this? how significant is this in the middle east right now? >> well, it's big for lots of reasons, because it's not happening in isolation. one is you have the largest military clashes between israel and hamas in, what, four...
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. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel, targeting also the stockpiles of long range rockets that hamas has which threaten the central citizen in israel, in particular the bigger city tel aviv. so israel taking out those rocket piles from the air, also attacking from the sea. israel's army is poised at the border of gaza, reserves are being called up for a possible ground inflation of gaza, which i think nobody actually wants, but certainly a real possibility. at the same time, palestinian rocket attacks from gaza into israel are also continuing about 150 this morning, most of the israelis have been intercept
. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel,...
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i think the people that we're watching right now is egypt and egypt's response to all of this. they are a gigantic country that have been a lynchpin of peace in the entire region, and they have a new mohammed muslim brotherhood, brand-new democratically elected but untested government. morsi wants to be as a statesman in the region, but he hasn't faced these crises before. >> thank you very much. we'll talk with you in the next few days on this especially. we have breaking news. moments ago eric holder announced a historic fine against bp for its role in the largest oil spill in our nation's history. bp will pay $4.5 billion for the deadly disaster in the gulf of mexico. the company will also plead guilty to a dozen felony charges including misconduct for the death of the 11 men who died in that explosion that triggered the oil spill. two employees also face manslaughter charges, and just moments ago, attorney general holder says this case is far from over. >> i want to be really absolutely clear that today's resolution does not, does not mark the end of our efforts. in fact, o
i think the people that we're watching right now is egypt and egypt's response to all of this. they are a gigantic country that have been a lynchpin of peace in the entire region, and they have a new mohammed muslim brotherhood, brand-new democratically elected but untested government. morsi wants to be as a statesman in the region, but he hasn't faced these crises before. >> thank you very much. we'll talk with you in the next few days on this especially. we have breaking news. moments...
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it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning about energy drinks. another popular brand could be linked to multiple deaths. that story straight ahead. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >>>
it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning...
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if you, egypt, are going to be our ally, you're going to have to protect our allies as well. that's not an entangling alliance. that's a country that stands by its agreements. don't make agreements unless we intend to keep them. and and yet we have seen this administration throw our allies under the proverbial bus. it has to stop. people have to know they can trust our word. and just like the west african who told me when i was there two years ago, you have to tell the people in washington, quit getting weaker. we have seen america get weaker. you have to tell people in washington quit letting america get weaker, then we have no chance in this life. that was echoed by other west africans. it's time to stop growing weaker. it's time to stop breaking our word to our allies. it's time to make clear to israel enemies, israel is our friend, you better back off or else you will have us to answer to. is it any surprise, more rockets are flying at israel. this administration wins four more years and the violence just gets greater against israel. israel then forced to defend itself wh
if you, egypt, are going to be our ally, you're going to have to protect our allies as well. that's not an entangling alliance. that's a country that stands by its agreements. don't make agreements unless we intend to keep them. and and yet we have seen this administration throw our allies under the proverbial bus. it has to stop. people have to know they can trust our word. and just like the west african who told me when i was there two years ago, you have to tell the people in washington,...
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he needs to respond as a president of egypt and take into account egypt's nional interests. he also can't brook having these small extremist groups dictating relations. jon: are you optimistic or pessimistic of the week ahead? >> the u.s. feels we do need to be able to push back on terrorist groups, we have a common interest. the question is, what are the exact objectives, and can they be accomplished quickly without widen the fighting here, and that remains to be seen. jon: yeah, that's the question. michael singh, thank you. jenna: up next, a record settlement in the gulf. bp pleading guilty in the 2010 oil spill. where that money is headed, next. >>> plus, getting to the bottom of benghazi. several hearings on the deadly terror attack takes place today on capitol hill. breaking news out of one of them. secretary clinton will testify. the lawmaker who made that announcement, the chairwoman of the house foreign relations committee, joins us next. [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosing the right plan for your
he needs to respond as a president of egypt and take into account egypt's nional interests. he also can't brook having these small extremist groups dictating relations. jon: are you optimistic or pessimistic of the week ahead? >> the u.s. feels we do need to be able to push back on terrorist groups, we have a common interest. the question is, what are the exact objectives, and can they be accomplished quickly without widen the fighting here, and that remains to be seen. jon: yeah, that's...
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. >> and there is the concern of how egypt will react. what is the word there on how they are reacting? >> well, we already heard from egypt's president and the foreign minister. they have condemned the emergency meeting in the arab league to explore popular options. egypt says it will open the border with gaza to completely allow all wounded and injured and anybody else who wants to get out. we are getting initial reports that the prime minister may be leading a high delegation visit tomorrow. that would be unprecedented given the security situation here. >> a ayman, thank you so much. appreciate it. from the middle east to back home. let's take a look at what is happening this hour. the president will land in new york city within the next 30 minutes, where he will tour the damage done by superstorm sandy. he will be greeted by andrew cuomo and governor bloomberg. and there are two closed door meetings on the deadly attack on the u.s. consulate in benghazi. one is taking place with the house intelligence committee and the the other with
. >> and there is the concern of how egypt will react. what is the word there on how they are reacting? >> well, we already heard from egypt's president and the foreign minister. they have condemned the emergency meeting in the arab league to explore popular options. egypt says it will open the border with gaza to completely allow all wounded and injured and anybody else who wants to get out. we are getting initial reports that the prime minister may be leading a high delegation...
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the muslim brotherhood in egypt say they're going to go in. we give them money. american tax dollars, is obama going to say, you threaten israel, you don't get a dime. i don't think they should get a dime anyway. >> clearly he won't say that-- >>> why? >> they have decided that they want to take a different sort of approach to the middle-east. they want to take what they perceive as to be even handed. but hai what they are doing is danger encouraging radicals to act against america's allies and the most important one is israel. >> sean: do you think the world rad calcwere emboldened by our election? >> i suspect they didn't want governor recommendny elected. they think they will get an easier ride from president obama. i suspect they were quite pleased with the outcome. >> sean: tony, what do you think they are thinking now? president blamed a terror attack on a youtube video. wasn't true. he sees that america's fighting over this. what do you think the people responsible -- >> let me make this clear. this is my opinion, not my think tank. have you a trend of emb
the muslim brotherhood in egypt say they're going to go in. we give them money. american tax dollars, is obama going to say, you threaten israel, you don't get a dime. i don't think they should get a dime anyway. >> clearly he won't say that-- >>> why? >> they have decided that they want to take a different sort of approach to the middle-east. they want to take what they perceive as to be even handed. but hai what they are doing is danger encouraging radicals to act against...
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egypt needs to breathe through their nose and just stay where they are. hamas and israel are going to have to work this out, and they don't need to have other folks meddling other than to try to get them to calm down, you know, settle the situation a little bit. >> to the other story that we're following. obviously, the scandal involving the former cia director general david petraeus and general allen, john allen. secretary of defense leon panetta has jumped into all of this, ordering an ethics training for generals to be reviewed here. do you think, first of all, that that is the right way to go? do you think that's an adequate response at this time? you have been a general 30 years in the military. is this kind of review helpful? >> it is, suzanne. every time the military has a challenge that demonstrates a weakness in one of those elements that would -- that we would call foundational to the success of the military, you have to take what's called a stand-down or a review. you spend time focussing very narrowly and deeply on one particular vertical and
egypt needs to breathe through their nose and just stay where they are. hamas and israel are going to have to work this out, and they don't need to have other folks meddling other than to try to get them to calm down, you know, settle the situation a little bit. >> to the other story that we're following. obviously, the scandal involving the former cia director general david petraeus and general allen, john allen. secretary of defense leon panetta has jumped into all of this, ordering an...
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talked about what we found we look out egypt adhere to everything that was going on. people, you know, all over governments here were likely to we talk to? whose important? here's the scoop. right now industry there's nobody who can raise their hand and so i can identify who was the leader of egyptian revolution, because there wasn't one. it was coalition's ever-changing coalitions of interest moving. as you look at the social media map you see that there was no one leader. so we have got, we as a government and, frankly, governments everywhere have got to figure out to do that, how did he get into that marketplace of ideas. one of the things that we did, not surprising with my background, i was very focused on consumer research, understand what was going on. one of the things i found it in government, we spent a lot of time, hundreds of millions of dollars, looking at economic elites, political elites in others, looking through different lenses. if you just look at it that way, you don't look at it to a more classic consumer lens, then if you are a young 20 year old
talked about what we found we look out egypt adhere to everything that was going on. people, you know, all over governments here were likely to we talk to? whose important? here's the scoop. right now industry there's nobody who can raise their hand and so i can identify who was the leader of egyptian revolution, because there wasn't one. it was coalition's ever-changing coalitions of interest moving. as you look at the social media map you see that there was no one leader. so we have got, we...
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israel sent its ambassador home from egypt saying it was planned of course. who knows. i think it's a serious moment and at play of course is the peace agreement between israel and egypt. another reason hamas felt safer because they felt israel would do anything at all to not provoke egypt into abandoning peace. so very serious. >> martin fletcher, thank you for your great report. you're the best in the business. >> a fascinating report. thank you, martin. >>> back to some business here in the united states. with a week to go before the official kickoff to holiday shopping season, it is a big day for retail today. we'll be getting quarterly results from walmart, target, both of these companies before the bell. john lawrence covers the sector for stevens. john, first of all, what can we expect from these two companies with the earnings coming out and what are you seeing with how americans are feeling as we head into the crucial retail season? >> certainly in the case of walmart i think we'll see that they're very bullish on what they've been able to do in the marketplace
israel sent its ambassador home from egypt saying it was planned of course. who knows. i think it's a serious moment and at play of course is the peace agreement between israel and egypt. another reason hamas felt safer because they felt israel would do anything at all to not provoke egypt into abandoning peace. so very serious. >> martin fletcher, thank you for your great report. you're the best in the business. >> a fascinating report. thank you, martin. >>> back to some...
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egypt to the south has pulled its ambassador now from israel and in just moments, i'm going to speak live with israel's defense minister ehud barak. so don't move. one. two. three. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch
egypt to the south has pulled its ambassador now from israel and in just moments, i'm going to speak live with israel's defense minister ehud barak. so don't move. one. two. three. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one!...
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is that peace treaty stween israel and egypt on the verge of collapse? >> it's vital not just for israel, egypt, it's vital for the entire region, for the world. we understand this. we think the egyptians understand this full well. the egyptians have played a constructive role in the past mediating -- i think they can play the similar role today. >> are they? >> i think they can. >> but are that? >> that's all i can say right now is i think they can play a constructive role. and we hope they will. >> that suggests to me they're not yet doing that. >> well, right now the situation's very fluid on the ground. and hamas shows every intention of escalating further. it's not stepping down. >> mr. ambassador, thanks very much for coming in. we're watching this situation very, very closely. >> thank you, wolf. >> michael oren is the israeli ambassador to the united states. in our next hour we're going to take a look at what the u.s. -- if the u.s. can do anything about this escalating violence that's going on, the tensions escalating between the israelis and th
is that peace treaty stween israel and egypt on the verge of collapse? >> it's vital not just for israel, egypt, it's vital for the entire region, for the world. we understand this. we think the egyptians understand this full well. the egyptians have played a constructive role in the past mediating -- i think they can play the similar role today. >> are they? >> i think they can. >> but are that? >> that's all i can say right now is i think they can play a...
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and yet crude's off 30 cents. >> in its own perverse way, the key countries are gaza, israel, and egypt which is somewhat destabilized by who's going on, are not really oil producers. we know it's the region and if you begin to hear threats popping up from iran and others that israel had better mind its ps and qs. we'll watch and see how it goes. >> republicans on the house panel investigating the clams of mf global are pinning the blame squarely on ceo jon corzine. >>> plus a group of america's healthy are pleading to be taxedmore. the so called patriotic millionaires on their second day of a two-day congress fenferenc. we'll see what garrett gruner says on taxation, he's worth nearly $100 million. that's next. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa br
and yet crude's off 30 cents. >> in its own perverse way, the key countries are gaza, israel, and egypt which is somewhat destabilized by who's going on, are not really oil producers. we know it's the region and if you begin to hear threats popping up from iran and others that israel had better mind its ps and qs. we'll watch and see how it goes. >> republicans on the house panel investigating the clams of mf global are pinning the blame squarely on ceo jon corzine. >>>...
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of course, i'm talking about our embassy in cairo egypt. local tv host had played this clip incessantly and raging muslims -- enraging muslims throughout egypt who stormed our embassy and tore down the american flag and put up an islamist flag. a few hours later the -- they said it was over the video even though the next day the president referred to it as an act of terror. four americans were killed including our ambassador. ever since then, our republican friends have been using this terror attack, i'm sorry did i say using? i meant exploiting this terror attack to smear the president in any way they can. as you know, in 9-11-01 a terror attack is a reason to unite and cheer a president and in 9-11-12, it is an excuse to smear a president. there have been rumors of course that the president might be nominating susan rice, our u.n. ambassador to be his next secretary of state. and the most unlikely love couple of all in d.c., john mccain and lindsey graham got together to -- well, to say a lot of ignorant stuff. let's begin with john mccai
of course, i'm talking about our embassy in cairo egypt. local tv host had played this clip incessantly and raging muslims -- enraging muslims throughout egypt who stormed our embassy and tore down the american flag and put up an islamist flag. a few hours later the -- they said it was over the video even though the next day the president referred to it as an act of terror. four americans were killed including our ambassador. ever since then, our republican friends have been using this terror...